Tag: Covid-19

Covid retrospective – what does it mean for recruitment?

By Steve Riley   November 2, 2020  

We're in recession now, that's official. This has happened for the first time in the UK since 2008. The definition of recession is when the economy shrinks for two quarters in a row. And that was bound to happen when large portions of the economy shut down almost overnight in March, so we shouldn't be too surprised. The question for job seekers and those more widely in the recruitment sector is more about how deep and how long lasting that recession is.

Of course, it's too early to say anything at all definitive about the future state of the job market.

Search engine Indeed recently updated its periodic review of vacancies and the graph so far is looking like it may be 'u-shaped' – a sharp slump, bumping along the bottom, followed hopefully by recovery.

But there are other possibilities - a long drawn out recession with a sustained dip, a double-dip 'w' shaped recession, with a false recovery and more trouble ahead, to name two.
Service sector slump
The UK economy has been hardest hit of the G7 Economies and this is largely because of our reliance on the service sector. These have been the first jobs to go. The service sector – retail, hospitality, financial services, etc – makes up around 80% of our GDP. Whilst the cliff edge in activity in some areas has led to a deep slump, there are also cautious grounds for optimism. The latest retail figures show month on month recovery levels and we're now 6% above February levels, pre-lockdown, in a mix of online and high street sales. It would be ironic (and not a little un-British) if we were able to shop our way out of trouble.

Indeed's data is already showing signs of an improvement in vacancy activity within food preparation and service jobs, following pubs and restaurants reopening. The Eat Out To Help Out scheme has been a massive boost to this sector (for a recent family birthday we struggled to book somewhere on an otherwise ordinary Tuesday).

In fact, many of our blue collar recruiters have not been too badly affected. Some showing a mini-boom, for example those in the healthcare sector, busy recruiting the vital staff that run our nursing homes.

Others too, like the recruiter that provides all the security staff for a major supermarket, are finding it less tough than others.

Some recruiters have shown an agile and flexible turn of hand and shifted focus, for example one of our clients now doing large volumes of work in the 'cleaning operative' sector, as a result of our new reliance on rigorous cleaning regimes.
Statistics and startups
Our own monitoring shows a distinct uptick in both the number of email alerts being sent out (made up of a combination of new jobs posted and those candidates registered to receive them) and general website traffic. Some of this is simply more candidates registering after they've been let go but we have noticed an improvement in job postings.

For example, this recruiter saw a 180% increase in website traffic in the months between February and July 2020, the most recent month for which we have data.

There are difficult times ahead for all of us, awkward decisions to be made, perhaps a shift of focus ...but also opportunities.

It's often been said that the best time to launch a business is in a recession. General Motors, Burger King, CNN, Uber and Airbnb all launched in recession and are amongst the dominant players in their sectors. If you can survive the hard times, the good times will be considerably easier.

In our own little world of recruitment website design and build, we see enquiries from recruiters with a few years' experience, ready to start their own operation.

This is a market well suited to our low cost, rapid design and build offering. Our SaaS model (software as a service) gives the advantage of a centrally hosted solution with access to periodic upgrades. All of the power of a full custom build, with a rapid rollout and quicker opportunity for return on investment.

Let us know if we can help.

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COVID-19 – our assurance to you

By Dave Haygarth   March 12, 2020  

UPDATE: 20th April 2020
Our thoughts are with those most affected by COVID-19 and the healthcare professionals, carers and other key workers providing the care needed.

At Reverse Delta we too have been doing our part by ensuring the safety of our employees and continuing to provide a service to you allowing you to work remotely; offering your end to end recruitment service.

Since our statement below, before the current UK government lockdown came into force, we wanted to assure you that:

Your service is our primary focus - our own support and maintenance teams and our hosting partners are all running a normal service. 
We are working full time with 100% staff coverage, all enabled for effective and secure home working
We have not, as yet, needed to furlough any staff members 
We have not, as yet, taken any external funding, e.g. Business interruption loans

Looking ahead
We fully expect to weather this crisis, and to be here to support you, our customers, our staff, and their families for years to come.  We appreciate your ongoing support and custom during these uncertain times.

Thank you so much for entrusting your recruitment website to Reverse Delta. We take this responsibility very seriously and want to deliver on our promise to you every day.

With the current outbreak of COVID-19 and the impact the virus is having on you, your clients, your employees and families, we would like to share our position on our ongoing commitment to you and reassure you.
Availability of our team
Reverse Delta is a UK based company with employees who are set up with robust procedures and systems to work remotely as well as in their normal offices. When we recruit our staff, all of our employees are equipped to seamlessly connect with our colleagues and our clients, regardless of location, on tried and tested cloud-based systems in a secure environment. We feel confident in our continued ability to serve your business as usual, regardless of how any future development of the COVID-19 virus could affect our physical work locations.
Availability of FXRecruiter
Our FXRecruiter platform is hosted by partners who have fully audited business continuity and backup plans in place, and we are in contact with them on a regular basis as this global virus develops and spreads. As governments need to adapt any plans for movement of people, we have satisfied ourselves that the action plans are thorough for our hosting partners. We only partner with only the most sophisticated, enterprise-grade, hosting experts, who are themselves  ahead of the curve in best-practices during this outbreak.

Whilst COVID-19 remains a huge concern for all of us, we want to reassure you that your website and service remains our highest priority, and we will be on hand to deal with any questions or concerns you may have about the service we provide.

As a technology provider, we are proud to provide hundreds of recruitment websites on our FXRecruiter platform, seeing tens of thousands of candidate applications per year on our secure and trusted software. On top of that, we provide support and the expertise of our team to be on hand if you have any doubts or concerns about the service. Despite the uncertainty of COVID-19, we fully expect to continue to deliver the same level of service to our customers and have measures in place to ensure this.